Gold: an overview of the market situation

Market news

9 July 2014

Gold: an overview of the market situation

Gold rose as increasing tension in the Middle East boosted the appeal of the metal as a haven. Israel began a military offensive in the Gaza Strip this week by declaring its purpose was to halt Palestinian rocket attacks. The escalation in violence between Israel and Gaza-based militants is the worst since November 2012.

Gold futures for August delivery gained to $1323.90 an ounce (+0.61%).

Oil: an overview of the market situation

Foreign exchange market. American session: the Canadian dollar rose against the U.S. dollar due to the better-than-expected housing starts in Canada

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.